Shares of EchoStar Corp. declined 7.3% following the company’s 2Q19 earnings release, reflecting disappointment with the company’s subpar EBITDA performance and one-time charges. Following the decline, shares of EchoStar  are now trading at 4.9x the consensus 2020 EBITDA forecast, which represents a discount to both the stock’s long-term average and its closes peer group competitor Viasat.

SpaceX’s Falcon 9 rocket successfully lifted off from Space Launch Complex 40 of the Cape Canaveral Air Force Station, Florida, the AMOS-17 satellite for Spacecom (Tel Aviv Stock Exchange: SCC). Liftoff occurred at 7:23 p.m. EDT, or 23:23 UTC and the satellite was deployed approximately 31 minutes after liftoff.

Actus Digital, a provider of compliance and media monitoring solutions, today announced that it has appointed Doug Hinahara vice president of sales, Americas, and Matthew Osman as customer services manager. The new positions were created as part of the company's response to meet the growing demand for broadcast compliance and media monitoring solutions and an increasing customer base in the U.S. and throughout the Americas.

According to Euroconsult's newly released research, Prospects for the Small Satellite Market, the market for small satellite (smallsat) manufacturing and launch will grow from US$ 12.6 billion in 2009-2018 to US$ 42.8 billion in the coming decade from 2019-2028, nearly quadrupling in size.

While the growth is led by large constellations such as OneWeb, SpaceX’s Starlink and Amazon’s Project Kuiper, the findings show that the smallsat industry is highly diverse, with demand from a variety of operators, start-ups, universities, and countries.

Key Findings